Parsons Capital Management Inc. RI Grows Stake in SPDR Portfolio Short Term Corporate Bond ETF $SPSB

Parsons Capital Management Inc. RI raised its stake in SPDR Portfolio Short Term Corporate Bond ETF (NYSEARCA:SPSB) by 0.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 110,756 shares of the company’s stock after purchasing an additional 725 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in SPDR Portfolio Short Term Corporate Bond ETF were worth $3,344,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Rogco LP increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 0.8% during the second quarter. Rogco LP now owns 397,127 shares of the company’s stock worth $11,989,000 after acquiring an additional 2,973 shares during the last quarter. Consolidated Portfolio Review Corp increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 11.8% during the second quarter. Consolidated Portfolio Review Corp now owns 108,461 shares of the company’s stock worth $3,274,000 after acquiring an additional 11,476 shares during the last quarter. Trivium Point Advisory LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 1.9% during the second quarter. Trivium Point Advisory LLC now owns 34,166 shares of the company’s stock worth $1,031,000 after acquiring an additional 631 shares during the last quarter. Stephens Group Asset Management LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 9.3% during the second quarter. Stephens Group Asset Management LLC now owns 15,279 shares of the company’s stock worth $461,000 after acquiring an additional 1,303 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in shares of SPDR Portfolio Short Term Corporate Bond ETF by 9.3% during the second quarter. Janney Montgomery Scott LLC now owns 140,959 shares of the company’s stock worth $4,256,000 after acquiring an additional 12,041 shares during the last quarter.

SPDR Portfolio Short Term Corporate Bond ETF Stock Down 0.3%

Shares of NYSEARCA SPSB opened at $30.21 on Thursday. SPDR Portfolio Short Term Corporate Bond ETF has a 1 year low of $29.74 and a 1 year high of $30.31. The stock’s 50-day simple moving average is $30.20 and its 200-day simple moving average is $30.08.

SPDR Portfolio Short Term Corporate Bond ETF Company Profile

The SPDR Portfolio Short Term Corporate Bond ETF (SPSB) is an exchange-traded fund that is based on the Bloomberg Long U.S. Treasury index. The fund tracks a market-value-weighted index of fixed-rate investment-grade nonconvertible US corporate bonds with 1-3 years remaining in maturity. SPSB was launched on Dec 16, 2009 and is managed by State Street.